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need some help here Delia has a choice between $105.000 in 10 years or $47.000 today Use Appendix B: a. Calculate the present value of
need some help here
Delia has a choice between $105.000 in 10 years or $47.000 today Use Appendix B: a. Calculate the present value of $105,000, If long term rates are 9 percent? (Round "PV Factor" to 3 decimal places. Round the final answer to the nearest whole dollar.) Present value b. What should be her choice? $47,000 today. $105,000 in 10 years Step by Step Solution
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